Connected transformation: a faster and more effective way to change

Dec 05, 2022
  • finance

Faced with political instability, economic uncertainty, climate change and supply chain chaos, finance teams increasingly turn to technology to be agile and act fast. Now here’s the kicker: a staggering 70% to 95% of digital transformations fail to meet their original objectives. To get your digital transformation right, a holistic approach is needed that connects technology, strategy and people. Here’s how.
 

Gartner’s 2022 CEO/CFO survey leaves no room for doubt: digital transformation objectives remain high on the CFO priority list. 94% of the survey respondents confirm they need to maintain or accelerate the already intense pace of transformation prompted by the pandemic. The exceptionally high risk of transformation failure, though, puts a heavy burden on organizations. More than just financial losses, failed digital projects can deeply damage the trust of both employees and customers. Especially in times of economic headwinds, the imperative is crystal clear: digital transformation needs to be done right the first time.

94% of the Gartner CEO/CFO survey respondents confirm they need to maintain or accelerate the already intense pace of transformation prompted by the pandemic

The key to digital transformation success 

Technology is not the problem. In fact, it has never been easier and faster to implement new software solutions. Is it the business strategy or the people then? Not either. Instead, it’s about all these things combined: only by connecting people, strategy and technology will you achieve transformation success. At delaware, we call that connected transformation, one that looks at your transformation challenges from all possible angles. Our end-to-end offering combines strategic thinking and process knowledge with technical expertise, plus a thorough understanding of the role that leadership and human dynamics play in business transformation. Only by connecting people, strategy and technology will you achieve transformation success.

Connected transformation: our 3-step approach

  1. We advise clients and support them in making the right strategic choices. By accurately framing the business needs, we look beyond immediate issues and take actions that add value and improve business performance on both the short and long term.
  2. Technology breathes life into your defined ambitions. As an independent partner we design, build, and integrate fit-for-purpose solutions on all levels. We have the expertise and know-how to deliver scalable solutions in agile ways.
  3. We bring technology and people together through solid and pragmatic change management. Whether it’s employees, customers, or end-users: we prepare the organisation for a successful transformation by taking all needs into account and ensuring successful adoption.

In it together for the long run

delaware is ideally positioned to deliver on the promise of Connected Transformation. Driving a successful transformation requires strategic insight, technical expertise, and an in-depth understanding of your entire organization. Even more important are trust and close collaboration. Our management consulting team consists of skilled experts, who are also hands-on and proactive advisors. They assist you in finding solutions and are in it for the long haul – at every step of your transformation journey.

Make sure to get your digital transformation right from day 1. Get in touch with our finance experts.

What about our Digital Finance Transformation Roadmap?

In 2018, we summarized our finance know-how in a step-by-step guide that helps finance teams gradually move towards becoming a future-proof finance business partner. The Digital Finance Transformation Roadmap that describes how to raise the efficiency, effectiveness and added value of your finance team remains more relevant than ever.